Apple is said to be triggering a series of huge iPhone 16 sales worldwide for one reason in particular: Apple Intelligence
No doubt the arrival of AI at Apple with the presentation of Apple Intelligence It’s just what was needed. Seeing that other competitors such as Meta and Google were advancing and Apple without giving any news in this matter, it was thought that they would be far behind and now Apple has regained an important position. The signature Wedbush Securities (via AppleMagazine) predicts that The iPhone 16 will be the main beneficiary by significantly increasing its demand in terms of salesmainly in China.
Apple Intelligence and the iPhone 16 will go hand in hand in 2024
To the surprise of many or few, Apple’s AI won’t be available on a vast number of devices. It will be limited for the moment to the iPhone 15 Pro, iPhone 15 Pro Max and all iPad and Mac devices that use an M1 chip onwards.
On the investment side, Wedbush highlights that major players see Apple as a “key player” in consumer AI. Previous reports indicated that Apple was falling behind but now they are leading the way, surpassing other competitors.
Apple only had to make one move to confirm its superiority. The fact of Integrating with third-party AI like OpenAI gives you great confidenceApple is predicted to be the driving force behind the development of many generative AI apps that are compatible with Apple Intelligence by 2025.
A forecast of 270 million iPhones sold in 2024
Apple would be closing the year 2024 with a total of 270 million iPhones soldlargely due to the premiere of the iPhone 16 series and also from users who want to upgrade, at least, to an iPhone 15 Pro. Wedbush initial estimates indicate that the 270 million They agree with 270 million users who have not updated their iPhone in a period of 4 years.
Projections are based directly on the Asian supply chainwhich also leaves Cupertino in a good position in China. In addition to benefiting from iPhone demand and sales, Apple could increase its figures in services. There is talk of a annual growth prediction of approximately 10 billion dollars.
The cherry of the caketo conclude this series of forecasts, It would be that Apple would be increasing the values on the prices of its shares. An increase of 30 to 40 dollars per share. Wedbush predicts a price of $275.
Apple’s highest executives have already said it, its AI is not a strategy to sell more iPhones. The A17 Pro chipaccompanied by M series chips, They would be the only ones capable of processing all the requests within Apple devices so that Apple Intelligence can work. We will see How much of a difference is there in this performance with the imminent arrival of the A18 Pro chip? which would initially be exclusive to the iPhone 16 Pro series.
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